HomeMy WebLinkAbout1540 ( f~~~ s4rn~~. lur~~•1~~vr u~tt~~ 1~~r lrnrmi•~ils. I?rrri~ilurnrnls un~~ up/~~ut.•
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~uu~r~~s I~u•rrlo ~?r~unging. ~~n~~ f~u~ mnlx. issurs ~uu~ p~u~ils I~~r?ro~. unfo I~iP marfguger. in ~rr siu~p~r. ;
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~n~ 1~~r murlqngur i~o~~i•nnnfs u~it~~ l~~~ mort{~a{~~~~ 1~~uf 1{~~ murt~/agur is int~e~easi~~y seiz~v~ u~ suii~ ~
~<uu~ in ~i•i• simp~~•: I~iaf 1~~~ mortc~a{~or ~~ns g~x~ ?i4~ht anc~ ~~u~~u~ aul~?orily fo convey saic~ ~u~i~~ as a~u?P ,
.nid: Il~at ffu• ?nu~l~~a~~ur ~rill ma~P sucl~ jurthpr assiuanres fo perJpct the JPP SIIt1~1IP IIIIP to sai~1 ~and in the ;
n~u?li~u~~~•p ~s mo~ rraw~m~,(y he rrcryinKl: f{?at I~~r morfgago? ~IPfP~~y Ju~~y u~a?ranfs Itie lil~r fo sni~ (an~ ;
urui u~iU di•jrnd !hr ~anie a~ainst flip lau~/ul claims o~ aII persw?s u~honuoet~er: and fhaf sai~ land is (ree
am~ c~r~u o( a~~ Pncun~~?rnnc~•s 1
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- ~?rou~ded ~lways, t~~at iJ sai~ morlyapor sha~~ pay unfo sai~ mortgagee ftie certain promis- ~
~ sory notP ~iere>ino~f~r suhslanlia~~y copiet~ or i~~pnfi(ie~. tu-wif: 4
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Jture 25. 19 ~4 ~
; Z20.000.00 _ Fon Pierce, Florida,
e ~ f~~ro;~ ~o~~_ ,u;thn~ ~~alwtion, to t~e oider~~ ,
e L=is 65~+1~ . 0.
. . ~ 18NII B~ O! St. L~C1~ CO~Y• in FoM ~
-a
oo~~as
: B 'lrro ~ns~r~d ~atY i'~~aad
Pierce, Florida, the sum of
with interest from dale~ t e r te o~~%~annnum =i~ S ~~a~stallments as follaws,
11 ~L;SlR day ot J~~ _ ~ 19 75 and a like sum
~ ~
on the cor~espondin9 day of each like succeeding pe*iod thereafter until the whole be fu~~Y Paid-
lied in p~yment d th~ inte~est snd then on th~ w~paid balancs of the prir?ciW~ su~^- If defsuh a
Each imtalknent fint sMll be ~pp ' of tM hokk*, and without any other not:u. ~II the rema:nirg
n,ade in the p+rrraent of +oY iroqlMnsnt when due, then ~t tFe~ oP~an ~ w mo(~ installma+ts ~t a~ ienal4nent ma:urity date, but
installma?q sh~ll b~ dw and paYsble at onu. Privilege is qrven to p~y tsnca b'Y +he hader hereof ~fter
tha sh~ll not extend tl+e Ywne of matvr3y of arry? wb~^t inst~llmeM- Neither fwbeu+nu, oor +oceP
any default in ~~71 PaY~^t htreab shall be d~aned e~ctaosion-
aad endoner hereof• loinih/ seve?aW waives demand. Prasenlmc^t• Pr°icst and notics of protesl for no~?~
E~ch maker, swM? either beforc or aftx miturity, without notice to +nV of vs; and
i piy~nenf, snd furtl~er ~graes to snY extension of time o~ WY~^?.
f~~~~ ~ xM,P,~~ y~~r~~-qtitvt~' s~+dslaws of ~sch Statsfof the United St+ta, uasg~~~b~ °biigation a sny
~ extension or renewa{ hsreof.
~ Wiu?ess the h~nd and sest of e~ch partY•
~ Privil~q~ o! ps~-PaY~t~ rittwut peazlty. ia qrrwted aftar
I Januasy 1. ]~97 5.
~ tam s in the amount of $330.00
S p .
Affixed to original and cancelled.
- /s/ Jo~ F. ~i~oDn (SEA~)
JO~i F. D1I]~8
/s/ silli~ M. bi~ooa csEn~~
BII.LTB M. 1!'t7C0~
;Release Clauses: Of even date herewith, the Eastern most 100 acres s aZl`~
~ be released from the lien created by this Second Mortgage. Upon each
~ ~'annual payment, one-fifth (I/5) of the remaining acreage shall be re-
' leased from this Purchase Money Second Mortgage starting with the
~ Southern most one-fifth (1/5) and working North with each succ2ssive
- • annual payment. The mortgagors shall satisfy the First Mortgage to
Equitable Life Assurance Company previovsly described herein as a ~
condition precedent to obtaining the releases provided for herein. '
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°soox 229 PAGE 1540
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